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Murray Stahl, President of RENN Fund, Inc. (EXCHANGE:RCG), has purchased a total of 1,128 shares of common stock on June 18, 2025. The purchases were made at a price of $2.65 per share, for a total value of $2,936. The stock, currently trading at $2.66, has shown remarkable performance with a 60% return over the past year and an impressive 19% gain year-to-date. According to InvestingPro, the company maintains a notably low P/E ratio of 3.35, suggesting potential undervaluation.
The transactions included the direct purchase of 356 shares and indirect purchases through various entities and a spouse. Following these transactions, Stahl directly owns 88,898 shares and indirectly owns shares through his spouse, FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC. With a market capitalization of $18.66 million, RENN Fund shows strong potential, as highlighted by InvestingPro’s analysis, which reveals several more key insights available to subscribers.
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